Compliance requirements for stock brokers: The Bombay Stock Exchange Ltd

Type :

Theses

Pages :

42 pages

Format :

.doc

Published date :

04/06/2009

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Summary :

 
 

Table of Contents Compliance requirements for stock brokers: The Bombay Stock Exchange Ltd Table of Contents

 
  1. Introduction
  2. The origin Bombay Stock Exchange
    1. History
    2. Product and services
  3. Overview of the regulatory framework of the capital market in India
  4. Compliance of the BSE with SEBI
  5. Code of conduct for stockbrokers
  6. Pre-inspection preparation
  7. Inspection procedure for cash segment
    1. Penalties for cash segment
  8. Inspection procedure for derivatives segment
    1. Penalties for drivatives segment
  9. A study of the debt segment
  10. Conclusion
  11. Recommendations
  12. References

Abstract

One of the most dynamic fields of business is the Capital Market. It is considered one of the most promising markets in the world. This is because of the sea change that the market has undergone from the early 90's. The market is now automated, transparent and self-driven. The Indian Financial system is regulated by two governing agencies under the Ministry of Finance. These are the Reserve Bank of India and the Securities exchange Board of India. The Capital Market is governed by acts like the Securities Contract (Regulation) Act, 1956, Securities Contract (Regulation) Rules, 1957, SEBI Act, 1992, Companies Act 1956, SEBI (stock brokers and Sub brokers) Rules, 1992 and the exchange Bye-Laws Rules & Regulations. The objective of this study is to understand the various compliances that the member brokers need to comply with and understand the mechanism of inspection followed by the bombay stock exchange Limited.

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